MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive...
MENA Newswire, SAN FRANCISCO: Microsoft on Jan. 26 introduced Maia 200, the second generation of its in-house artificial intelligence accelerator, built to run AI models in production across Azure data centres. The company said Maia 200 is designed...
MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among a small group of companies to reach that valuation threshold....
AI will generate millions of jobs by 2025 while automating repetitive work, enabling industries like healthcare and finance to innovate and focus on creativity, experts say....
Qualcomm has approached Intel for a potential takeover, though no formal offer has been made. The acquisition could be one of the largest in tech history but faces regulatory scrutiny....
Meta Platforms (META) stock experienced a 14% surge on Thursday after the company’s Q1 results, released late Wednesday, exceeded expectations. The company also raised its forecast for the current quarter while lowering its expense outlook....
In a stunning turn of events, the UK’s Competition and Markets Authority (CMA) has blocked Microsoft’s proposed acquisition of video game maker Activision Blizzard, a deal valued at $69 billion. This move has put a...
A broad selection of US stocks was purchased by Saudi Arabia’s Public Investment Fund (PIF), bringing its investment portfolio’s value to about $40.8 billion at the end of the second quarter. According to a US...